Obama Jobs Strategy In One Sentence
Sunday, February 6, 2011 at 07:30am 12 Comments
Thanks to @DDsModernLife for pointing out this comment by reader A. Dumas, in response to my post Houdini Economics:
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Or, as more and more people looking for work abandon their search, the unemployment numbers will drop to zero, and ipso facto, everyone will have a job.
The Endless Recovery Summer. Surf's Up! (even if jobs down).
Since Pelosi, et. al., believe unemployment checks are the best way to stimulate the economy, with everyone out of work the economy should be booming in no time.
Happy days are here again!
I often read the left denying the constitution's validity based on the "three fifths" phrase. I wonder what they make of the DOL's "official unemployment number", that excludes so many?
b5blue smiles a very broad smile. Sarcasm rules!
I usually make a snarky comment on posts about Obama, but nothing I say could possibly top this one 🙂
Hey, if this includes GOVERNMENT jobs, I'm 100% behind it.
Recovery Summer is Obama's "Mission Accomplished"
Remember Nancy Pelosi flying around on her broom, endlessly shrieking at W about his "jobless recovery" where we had that unacceptable 5% unemployment?
Creating jobs is easy. Creating productive jobs is hard. If we wanted to merely create jobs, we could do things like changing the rules for operating elevators.
Create a Million Jobs
Of course, this would make us all poorer, but everyone would be employed, doing something that has been made useless in almost all situations.
This is exactly how the government "creates" jobs. It uses the valuable production of taxpayers to pay for the less valuable production of many government workers.
Or worse, government pays for people to interfere with and watch over the productive people, for fear that they will use their intelligence to cheat and steal from their employees and customers.
Remember, Karl Marx revealed that business owners are leeches on society, draining away the wealth that rightfully belongs to the workers. At least, the ones who have jobs.
There was no unemployment in the former Soviet Union. It was against the law to not have a job (unless you were disabled).
The government assigned jobs to people, and they had better show up. This policy was supported by the Soviet custom of not paying much, or anything in many cases.
Soviet workers had a motto: "They pretend to pay us, and we pretend to work".
This system worked for a long time until there was an unfortunate reorganization. Maybe we will do better.
I agree with Garland, but the old Soviet Union also decreased the labor pool by starving, murdering, transferring to the Gulag (where they died) upwards of 20million people. That reduced unemployment